Tianjin Pengling Group Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 04:45 pm IST
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Tianjin Pengling Group Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 442.93 million compared to CNY 375.93 million a year ago. Revenue was CNY 442.93 million compared to CNY 375.93 million a year ago. Net income was CNY 34.54 million compared to CNY 31.15 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.04 a year ago. Diluted earnings per share from continuing operations was CNY 0.05 compared to CNY 0.04 a year ago.
Tianjin Pengling Group Co Ltd, formerly TIANJIN PENGLING RUBBER HOSE CO.,LTD., is principally engaged in the research, development, production and distribution of rubber hose and assembly products for automobile use. The Company mainly provides cooling water hoses and fuel hoses. The Company's products consist of automobile engine accessory system hose and assembly series, automobile fuel system hose and assembly series, automobile air conditioning system hose and assembly series, as well as mould pressing products, among others. It distributes its products within domestic market and to overseas markets.